House price = down payment + mortgage x number of months
430,000 = 250,000 + 2,000x where x is number of months
To find number or months solve for x
430,000 = 250,000 + 2,000x
Subtract 250,000
180,000 = 2,000x
Divide by 2,000
x = 90 months
12 months in one year
90 = 84 + 6 = 12 x 7 + 6
7 years and 6 months
Add both equations giving x=1
Sub back into any equation which gives you y=1
Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% =
= 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 =
= 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance
charge = 3971.81 - 3729
finance
charge = 242.81
so correct option is d. $242.81
Top second one under grass and across from minor 77.972.
The slope is three because the x goes up 1 and y goes up 3 so it’s 3/1 which makes the slope 3